In response to the proliferation of online shopping, businesses are frantically searching for additional space in which to store and deliver their merchandise. E-commerce is the primary factor that is driving the demand for warehouse space. This is because it demands three times the area that is required by traditional techniques. A greater diversity of products, an increased need for package delivery, and a greater need for space than pallet shipment are the sources of this demand.
Strategies Utilizing Just-in-Time Logistics
Throughout history, supply systems have been optimized for efficiency rather than for resilience. Instead of considering just-in-case strategies, they concentrated on just-in-time strategies. At this time, we are beginning to observe the entry of logistics companies into the market to lease space to meet this type of demand which is just in case. A year before building begins; the majority of warehouses in today’s market are leased out. Even though you are looking for a room tomorrow, there is a scarcity of it. To keep their product, businesses are coming up with innovative solutions.
Small-scale storage facilities
As the expectations of customers continue to rise, retailers are being forced to come up with innovative solutions to meet the demand for speedier delivery times. When it comes to consumers, proximity is everything. Having warehouse for rent samut prakan (โกดังให้เช่า สมุทรปราการ, this is the term in Thai) near major ports, highways, and airports is necessary for a good location. Because there is a lack of land as a result of the surge in the number of warehouses, they are difficult to locate.
Those who sell their products directly to customers are rushing to locate vacant places in urban areas that are closer to their customers. Unoccupied shopping centers are the source of a new trend. It has become increasingly difficult for landlords to lease their facilities to traditional merchants as a result of the advent of e-commerce. To maintain a tighter relationship with their clientele, traditional retailers and logistics corporations are transforming shopping malls into miniature warehouses. Along with the rise in popularity of online shopping and same-day delivery, there has also been an increase in the need for spaces that may serve as fulfillment centers for last-mile delivery.
It is also possible for retailers to establish mini-warehouses, which can serve not only as fulfillment centers to send out orders but also because shopping malls already have customers coming in, they may potentially allow customers to place orders and pick them up from the warehouse on the spot.
In what ways might e-commerce make warehouses more efficient?
The difference between failure and success is as simple as having visibility into the position of the product in real-time. If you are unable to determine the location of your high-value assets, then your business partners, customers, and other stakeholders will start to suffer the consequences of your bad management techniques.
Warehouses can more readily find products on demand thanks to Internet of Things (IoT) solutions such as asset tracking systems. This eliminates the need for warehouses to manually hunt for products that are missing. One easy method for a corporation to differentiate itself as a forward-thinking organization is to implement an asset monitoring system.